HOSE:VNG Income Statement

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2019	FY 2018	FY 2013	2008 - 2012
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '13 Dec 31, 2013	2008 - 2012
Revenue	699,954	709,449	742,666	914,823	919,310	56,878	Upgrade
Revenue Growth (YoY)	-23.86%	-4.47%	-18.82%	-0.49%	1516.28%	6.85%	Upgrade
Cost of Revenue	495,715	507,181	486,280	662,029	630,851	34,613	Upgrade
Gross Profit	204,239	202,268	256,386	252,794	288,459	22,265	Upgrade
Selling, General & Admin	137,516	135,235	121,932	193,301	186,471	14,508	Upgrade
Operating Expenses	137,516	135,235	121,932	193,301	186,471	14,508	Upgrade
Operating Income	66,723	67,033	134,453	59,493	101,988	7,757	Upgrade
Interest Expense	-258,386	-261,372	-190,752	-59,740	-42,459	-6,068	Upgrade
Interest & Investment Income	20,074	20,734	18,283	17,218	44,580	58.24	Upgrade
Earnings From Equity Investments	-3,886	-3,414	11,012	-1,975	-2,329	-1,737	Upgrade
Currency Exchange Gain (Loss)	-50.13	11.26	11.38	70.64	238.36	-0.03	Upgrade
Other Non Operating Income (Expenses)	-3,537	-4,484	-89.94	4,330	-6,279	3,162	Upgrade
EBT Excluding Unusual Items	-179,062	-181,491	-27,083	19,396	95,738	3,172	Upgrade
Gain (Loss) on Sale of Investments	219,704	220,375	51,068	30,769	-5,576	-1,769	Upgrade
Gain (Loss) on Sale of Assets	-555.33	-110.8	-1,044	3,523	242.84	-	Upgrade
Other Unusual Items	-	-	-	-	-	34.36	Upgrade
Pretax Income	40,087	38,774	22,942	53,689	90,405	1,437	Upgrade
Income Tax Expense	37,140	37,140	19,548	16,365	21,627	975.17	Upgrade
Earnings From Continuing Operations	2,947	1,634	3,394	37,324	68,778	461.35	Upgrade
Minority Interest in Earnings	779.3	761.78	-66.53	-16,073	-21,993	-	Upgrade
Net Income	3,726	2,395	3,328	21,251	46,785	461.35	Upgrade
Preferred Dividends & Other Adjustments	-	-	-	5,599	13,299	-	Upgrade
Net Income to Common	3,726	2,395	3,328	15,652	33,487	461.35	Upgrade
Net Income Growth	-92.03%	-28.01%	-84.34%	-54.58%	10040.98%	-59.33%	Upgrade
Shares Outstanding (Basic)	97	97	97	83	77	13	Upgrade
Shares Outstanding (Diluted)	97	97	97	83	77	13	Upgrade
Shares Change (YoY)	26.77%	-	17.40%	7.98%	490.26%	-	Upgrade
EPS (Basic)	38.31	24.62	34.21	188.90	436.40	35.49	Upgrade
EPS (Diluted)	38.31	24.62	34.00	188.90	436.00	35.49	Upgrade
EPS Growth	-91.21%	-27.57%	-82.00%	-56.67%	1128.57%	-59.33%	Upgrade
Free Cash Flow	155,189	-326,269	-925,505	-226,502	-166,039	967.68	Upgrade
Free Cash Flow Per Share	1595.43	-3354.03	-9514.16	-2733.57	-2163.84	74.44	Upgrade
Gross Margin	29.18%	28.51%	34.52%	27.63%	31.38%	39.15%	Upgrade
Operating Margin	9.53%	9.45%	18.10%	6.50%	11.09%	13.64%	Upgrade
Profit Margin	0.53%	0.34%	0.45%	1.71%	3.64%	0.81%	Upgrade
Free Cash Flow Margin	22.17%	-45.99%	-124.62%	-24.76%	-18.06%	1.70%	Upgrade
EBITDA	151,427	155,458	193,739	158,115	178,399	12,201	Upgrade
EBITDA Margin	21.63%	21.91%	26.09%	17.28%	19.41%	21.45%	Upgrade
D&A For EBITDA	84,704	88,425	59,285	98,622	76,411	4,445	Upgrade
EBIT	66,723	67,033	134,453	59,493	101,988	7,757	Upgrade
EBIT Margin	9.53%	9.45%	18.10%	6.50%	11.09%	13.64%	Upgrade
Effective Tax Rate	92.65%	95.79%	85.21%	30.48%	23.92%	67.88%	Upgrade
Revenue as Reported	699,954	709,449	742,666	914,823	919,310	56,878	Upgrade
Advertising Expenses	-	13,865	288.49	8,161	2,144	-	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.